Why BWX Technologies Stock Popped Today

Core Insights - BWX Technologies is gaining attention as Canada has selected its BWRX-300 small nuclear reactor for the Darlington New Nuclear Project, and the company is expanding its relationships in the UK [1][3] Company Developments - BWX Technologies has signed a memorandum of understanding with Rolls-Royce to collaborate on the Rolls-Royce SMR, a pressurized water reactor with a capacity of 470 MWe [3] - The partnership includes designing nuclear steam generators for Rolls-Royce's reactors, with potential contracts for multiple reactor units as Rolls-Royce works on constructing 3 gigawatts of new nuclear power in the Czech Republic [3][8] Financial Overview - BWX Technologies is valued at approximately $17 billion, with annual earnings of about $295 million and generating around $360 million in annual free cash flow [5] - The stock's valuation stands at roughly 57 times trailing earnings and 47 times free cash flow, which are considered high given the projected 13% annualized earnings growth over the next five years [5][6]